Credit Suisse: U.S. Oil Production Can Stay Constant With Fewer Rigs Credit Suisse upgraded FMC Tech**logies, Inc. (NYSE: FTI) and reiterated an Outperform rating on Weatherford International Plc (NYSE: WFT). FMC Tech**logies has declined 29 percent year-to-date, while Weatherford is down 14 percent. Credit Suisse analyst James Wicklund said that valuations in the oil field services space will rely on "cash flow and free cash flow generation"...
09-06-2015, 12:15 PM
Credit Suisse: U.S. Oil Production Can Stay Constant With Fewer Rigs
Credit Suisse upgraded FMC Tech**logies, Inc. (NYSE: FTI) and reiterated an Outperform rating on Weatherford International Plc (NYSE: WFT). FMC Tech**logies has declined 29 percent year-to-date, while Weatherford is down 14 percent. Credit Suisse analyst James Wicklund said that valuations in the oil field services space will rely on "cash flow and free cash flow generation"...
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